Tamil Nadu Cements inaugurates expansion project
India’s Tamil Nadu Cements Corp Ltd, owned by the government of the state, has expanded the capacity of its Ariyalur complex at an investment of INR8.09bn (US$114.4m). The proje...
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Ramco Cements reports 47% 3Q profit rise
India-based Ramco Cements posted a 3Q19 profit of INR1.68bn (US$23.7m), up by 47 per cent when compared with INR1.14bn in the 3Q18. When compared with the quarter ended June, pr...
HeidelbergCement
HeidelbergCement’s North American subsidiary, Lehigh Hanson Inc, has entered into an agreement with Giant Cement to acquire its Keystone cement plant in Bath, Pennsylvania. The ...
UltraTech Cement
UltraTech Cement has announced its unaudited financial results for the quarter ended 31 September 2019. Consolidated net sales came in at INR94.91bn (US$1.34bn), compared to INR...
Sagar Cements sees revenue increase 3%
India's Sagar Cements has recorded a consolidated net profit of INR45.2m (US$637,532) in the quarter ended 30 September 2019, compared with a loss of INR80m in the year-ago peri...
Ambuja Cement sees 1% rise in net sales for 3Q19
India’s Ambuja Cement (LafargeHolcim) reported a modest decline in standalone sales volumes to 5.23Mt in the 3Q19, compared with 5.456Mt in the year-ago period. However, net sal...
UltraTech boosts capacity and reports 3Q results
UltraTech completed the acquisition of Century's cement business, with the Scheme of Demerger effective from 1 October 2019. With this acquisition, UltraTech's cement manufactur...
Shree Cement sees fivefold profit jump in 2QFY19-20
Indian cement producer Shree Cement has seen its profit surge fivefold to INR3.133bn for the quarter ended 30 September 2019 (2QFY19-20). In the year-ago period, the company pos...
Dalmia sees 5% hike in 2Q revenues
Dalmia Bharat Cement reported consolidated revenues of INR22.85bn (US$322m) in the quarter ended 30 September 2019 (2QFY19-20), up 5.2 per cent when compared with INR21.73bn in ...
Shiva reports 2Q loss at INR62.2m
India-based Shiva Cement Ltd has reported net sales of INR57.2m (US$806,037) in the 2QFY19-20 as compared to INR106.8m in the 1QFY19-20. When compared with the 2QFY18-19, sales ...